High inflation: How long will it last?

High inflation: How long will it last?

From Pinnacle Wealth Planning Services, Inc. —  In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%, the highest level since December 1981.1 It’s not surprising that a...
National Small Business Week: Plan to use ’22 tax benefits

National Small Business Week: Plan to use ’22 tax benefits

From IRS.gov —  Enhanced deduction for business meals, home office and more available this tax year WASHINGTON — The Internal Revenue Service on Monday, May 3, urged business taxpayers to begin planning now to take advantage of the enhanced 100% deduction for business...
Tax tips for entrepreneurs with startup small businesses

Tax tips for entrepreneurs with startup small businesses

From NextAvenue.org —  As she celebrates one year in business, Patricia Wynn gets expert advice on how to tackle taxes | By Leslie Hunter-Gadsden | For new small business owners like Patricia Wynn, April signifies not only spring but also filing taxes for their...
What to expect for tax refunds from the IRS this year

What to expect for tax refunds from the IRS this year

From the IRS —  The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer. The IRS’ Where’s My Refund? tool has the most up to date information available about your...
Financial literacy: Protect yourself from scammers

Financial literacy: Protect yourself from scammers

From the Federal Trade Commission —    April kicks off Financial Literacy Month, which is often about managing your money and building savings. But this month, we want to talk about protecting what you have, and what you’re building, from scammers. Scammers are good...